California's real estate market is ripe for fix-and-flip opportunities, but traditional loans can’t keep up with the pace. That's why many investors turn to hard money loans in California—a fast, flexible way to secure funding for profitable flips. Whether you're in Los Angeles, San Diego, or San Jose, these loans help you buy, renovate, and sell quickly.
What Are Hard Money Loans?
Hard money loans are short-term, asset-backed loans offered by hard money lenders in California and other US states. Unlike traditional financing, these loans rely more on the property's value than your credit score. That makes them ideal for real estate investors—especially when time is critical.
Why Choose Hard Money Loans in California?
- Fast Approval – Get approved in 24–72 hours.
- High Leverage – Borrow up to 75% of the ARV (After Repair Value).
- Flexible Terms – No strict credit or income requirements.
- Dual Coverage – Finance both purchase and renovation costs.
Hard Money Loan Terms to Know
In California, hard money loan terms generally include:
- Interest Rates: 8%–15%
- Loan-to-Value (LTV): Up to 75%
- Loan Duration: 6–18 months
- Fees: Origination points, processing fees, closing costs
How Hard Money Loans Help Fix-and-Flip Investors
- Quick Property Acquisition
- Investors using hard money lenders in Los Angeles CA often close within days, outpacing other buyers who rely on bank loans.
- Renovation Funding
- Use draws to fund kitchen remodels, roofing, landscaping, and more—all backed by your loan.
- Overcoming Credit Barriers
- Even with poor or limited credit history, you can qualify with a solid deal and strong property value.
Best Practices When Using Hard Money Loans
- Conduct due diligence on local market conditions
- Work with licensed and experienced lenders
- Create detailed budgets and contingency plans
- Understand California lending laws and disclosure requirements
Conclusion: Start Your Next Flip with a California Hard Money Loan
Whether you’re targeting Los Angeles, Riverside, or the Bay Area, hard money loans California provide the speed and flexibility needed to succeed in today’s fast-paced market. With the right planning and a trusted lender, your next fix-and-flip project could be your most profitable yet.
Ready to get started? Visit HML Investments today to connect with expert hard money lenders in California and fund your next investment property.